With new brand launched, Xolo mulls to invest Rs 100 cr in next 18 months
Xolo, the sub-brand of the Lava International, is mulling to invest Rs 100 cr over next 18 months on development of its proprietary software, Hive, which is built on Google’s Android OS. The smartphone major has said they have invested Rs 100 so far and will invest the same in near future. Xolo... read more »
Lava in talks with states for mfg unit; to invest Rs 250 cr
Domestic handset maker Lava today said it is in discussions with various state governments to set up a new assembly unit that will entail an investment of about Rs 250 crore. Lava has one assembly unit in Noida that has a monthly capacity of making about half a million handsets. “We are in talks... read more »
Doha Bank looking at setting up subsidiary in India
Doha Bank, one of the largest commercial banks of Qatar, is looking at the possibility of setting up a subsidiary in India, an top official of the bank today said. “Our long-term view is to set up a full scale subsidiary for our Indian operations which is needed to enter more cities”, Doha Bank... read more »
Stanford University commends Mukesh Ambani
Stanford University of US has commended Mukesh Ambani for his decade long support to students keen on pursuing higher studies through scholarships. Ambani, who had enrolled at the Stanford University for a management degree in the 80s but returned midway due to his father’s failing heath, had... read more »
